The largest amount of money the government lays out is for the transfer program, Social Security. And its largest expenditure is for national defense. America is quite known for spending a lot of money on defending itself from any possible threat.
Answer:
$320.59 decrease
Explanation:
The computation of the change in the value is shown below:
As we know that
The Value of perpetuity is
= Annual inflows ÷ interest rate
Current value is
= $170 ÷ 0.082
= $2,073.17
And,
New value is
= $170 ÷ 0.097
= $1,752.58
Now change in value is
= $2,073.17 - $1,752.58
= $320.59 decrease
We simply applied the above formula
Answer:
Captive pricing
Explanation:
Captive pricing is the pricing of products that have both a "core product" and a number of "accessory products.". In the question, when she purchase a dispenser(core product) she gets two liquid soap(accessory product) for free, so the pricing strategy to engage is the captive pricing.
Answer:
The correct answer is option D.
Explanation:
The price of a 12 ounce can of CheapFizz is 75 cents.
After a deal with State U, CheapFizz gets exclusive rights to sell soft drink on the campus.
This makes CheapFizz a monopoly firm.
A monopoly firm is a price maker and produces at the point where the marginal cost is equal to marginal revenue. At this point the output level is lower than socially optimal and the price level is higher than socially optimal.
This means that the price of CheapFizz cans will be more than 75 cents after the deal.
Answer:
1. Accounts Receivables Turnover Ratio = Net Credit Sales/Average Accounts Receivables = 400,000 / (51000 + 61000)/2
= 400,000/56,000
= 7.1 times
Inventory Turnover Ratio = Cost of Goods Sold/Average Inventory = (Sales-Gross Profit)/Average Inventory = (400,000 - 35% * 400,000) / (67000 + 46000)/2
=400,000 - 140,000 / 56,500
= 260,000 / 56,500
= 4.6 times
2. Average Days to Collect Receivables = 365/7.1 = 51.40 or 52 days
Average Days to Collect Inventory = 365/4.6 = 79.34 days
